ChainCatcher news, according to CoinDesk, the Office of the Comptroller of the Currency (OCC) continues to change its previous opposition to the application of cryptocurrencies in the banking industry, issuing an explanatory letter stating that banks can buy and sell the crypto assets they custody at the request of customers.The latest policy statement released by the OCC on Wednesday also clearly states that banks can outsource crypto business to third parties, including custody and execution services. As long as these activities meet the safety and soundness requirements of regulators, the OCC will grant banks more freedom in cryptocurrency.

ChainCatcher news, according to The Verge, after suddenly withdrawing support for the Senate's first stablecoin regulatory bill, Senate Democrats announced on Tuesday that they will introduce a new bill prohibiting federal officials and their families from issuing digital assets, directly targeting the stablecoins and meme coins currently held by Trump and his family.The bill's sponsor, Oregon Democratic Senator Sen. Jeff Merkley, stated, "Currently, anyone hoping to establish a relationship with the president can profit personally by purchasing cryptocurrencies that he owns or controls, which is an extremely corrupt act that threatens our national security and erodes public trust in government. We must put an end to this corruption immediately."

ChainCatcher news, the Bank of Italy pointed out in its April 2025 "Financial Stability Report": "The strong growth of Bitcoin and other highly volatile crypto assets not only means that investors face risks, but also poses a potential threat to financial stability due to the increasing connections between the digital asset ecosystem and the traditional financial sector and the real economy." The report also noted that non-financial companies holding Bitcoin "expose them to significant price volatility," and warned that dollar-pegged stablecoins "could pose risks if they become systemically important."

According to ChainCatcher news, the UK government has today released a draft regulation for crypto assets on the official website of the Treasury. This regulation formally brings cryptocurrency exchanges, dealers, and agents into the regulatory framework, requiring compliance with standards of transparency, consumer protection, and operational resilience. Chancellor of the Exchequer Reeves stated that improving regulation will help enhance investor confidence, promote the development of financial technology, and protect public interests. The UK will continue to collaborate with the US on digital assets and plans to expedite the implementation of legislation.

ChainCatcher news, according to a prediction by Binance Research, the supply of U.S. Treasury bonds will exceed $31 trillion by 2025, accounting for about 109% of GDP and 144% of M2, a record scale that will create significant financing pressure on the market.Declining foreign demand or sell-offs may push up yields, thereby affecting risk assets such as cryptocurrencies. If the government adopts debt monetization, it may benefit cryptocurrencies. Close attention should be paid to macro impacts and policy responses.

ChainCatcher news, Matrixport released a daily chart analysis stating that despite the slowdown in growth, stablecoin funds are still steadily flowing in, reflecting that the crypto ecosystem is continuously developing. While this is not enough to trigger a massive altcoin rally, it undoubtedly indicates that the industry is far from stagnation.It is worth noting that the inflow of stablecoin funds continues to grow against the backdrop of uncertainty in the stock and bond markets, suggesting that crypto assets are gradually evolving into a more uncorrelated asset class.As the debate over tariffs and trade wars intensifies, the potential application scenarios for crypto become increasingly attractive, making us slightly optimistic about the market outlook.

ChainCatcher news, according to Cointelegraph, a white hat hacker successfully intercepted approximately $2.6 million in stolen crypto assets from the Morpho Labs decentralized finance (DeFi) protocol.Blockchain security company PeckShield stated that after Morpho Labs performed a front-end update on its Morpho Blue application on April 10, an address was attacked due to a vulnerability triggered by the update. The well-known white hat MEV operator "c0ffeebabe.eth" successfully intercepted the stolen funds through a front-running transaction. The funds have now been transferred to another wallet address.The Morpho Labs team has confirmed that they have rolled back the front-end update, all funds within the protocol are safe and unaffected, and they will release a detailed incident report next week.

ChainCatcher News, the Financial Services Agency of Japan has released a discussion paper titled "Review of the System Structure Related to Cryptocurrency." The deadline for public comments is May 10.Since July 2024, the agency has been validating the system based on the current state of cryptocurrency transactions. The Financial Services Agency of Japan values "creating an environment that balances user protection and promoting innovation," and plans to use the opinions collected this time as a basis for considering future regulatory reviews.

ChainCatcher news, the UK's Financial Conduct Authority (FCA) plans to launch a new "gateway" authorization system in 2026, which will expand the regulatory scope of crypto asset activities. This framework will cover multiple areas including stablecoin issuance, payment services, lending, and exchanges.FCA's Director of Payments and Digital Assets, Matthew Long, stated that compared to the previous regulatory approach that focused solely on anti-money laundering (AML) compliance, the new framework will significantly broaden the regulatory scope. Industry insiders point out that this regulatory framework may have a significant impact on infrastructure builders such as Layer 2 (L2) and cross-chain trading, and may serve as a reference for other countries in formulating related policies.

ChainCatcher news, according to Bloter, Kim Sung-jin, head of the Virtual Assets Division of the Financial Services Commission of South Korea, stated in Congress on April 2 that if domestic cryptocurrency exchanges have sufficient anti-money laundering capabilities, it may be possible to allow foreign investment in domestic cryptocurrency assets in the future. Current laws still prohibit foreign corporations and individuals from participating in such investments.

ChainCatcher news, according to CoinDesk, Brazil's top financial policy body has banned certain pension funds from investing in crypto assets due to high risks associated with cryptocurrencies.The National Monetary Council (CMN) prohibits closed-end pension entities (EFPCs) from investing any portion of their guaranteed reserves in Bitcoin (BTC) or other digital currencies. These closed-end pension entities (EFPCs) manage the retirement savings of tens of thousands of union members and corporate employees, with their reserves typically consisting of bonds and stocks.

ChainCatcher news, a MailOnline investigation shows that since April 2024, UK authorities have frozen illegal cryptocurrency assets worth approximately $7.7 million (£6 million).Last year, the UK revised relevant regulations, granting the National Crime Agency (NCA) and police special powers to freeze, seize, and destroy cryptocurrencies associated with crime and criminals. These powers allow the police to freeze cryptocurrency wallets for up to three years. If the court is convinced that these funds originate from illegal sources or will be used for criminal purposes, officials can also seize these assets. This special power also enables law enforcement to seize any cryptocurrency wallets suspected of being linked to criminal organizations without the need for an arrest. Authorities have also been granted the power to destroy these assets if they believe that reintroducing the seized cryptocurrency into circulation "is not in the public interest." This may include privacy coins commonly used by criminals to obscure the source of funds.According to court documents analyzed by MailOnline, the largest freezing order was issued for a wallet held on Coinbase. This wallet contains tokens worth $1.94 million (£1.5 million). The freezing order was issued by the Newcastle upon Tyne Magistrates' Court on March 18. The court order was applied for by HM Revenue and Customs (HMRC), indicating that the case may be related to tax evasion. The identity of the wallet owner remains a mystery.